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tv   [untitled]    March 26, 2013 3:00am-3:30am EDT

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consistent with hanging that's the finding of the post mortem examination into the death of self exiled russian tycoon boris berezovsky. bello bored with frustration and recession fears mountain cyprus following the e.u. bailout deal with all banks on the island closed till thursday. emerging powers leaders of the world's major developing economies look to strengthen the global influence of the brics group endorsing plans to create a joint bank at their annual summit in south africa. eleven am in moscow i met reza good having you with us here on r t our top story the last ditch bad deal for cyprus may have eased fears of a financial catastrophe but cypriots still feeling the pinch it's getting harder
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for them to withdraw money and the central bank has decided to keep all the banks on the island shuttle thursday even then capital flows will be temporarily restricted tess are sillier reports from nicosia frustration among cypriots is growing. this is that back at the heart of the deal that cyprus sealed with its international creditors to get that ten billion euro bailout it needs and what will happen to this back essentially is it will be split into pieces and people with deposits of more than one hundred thousand viewers that are uninsured will have to take a huge here haircut a lost whatever money they have here for the past week i've been to motional rollercoaster wondering what is going to happen to their money to their savings every look at this example one day it was here the next day it is it and they're wondering is the same thing going to happen to their jobs or their savings to everything else they think they have precisely what did you choose and tonio a manager for the country's biggest bank the bank of cyprus has been thinking all
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through this rollercoaster week for the first time in my life for fifty four years . and the last week and especially. i was. just too. many more. to stop by. the bank of cyprus according to the deal will function as the good bank and will take all deposits of less than one hundred thousand euros from like it will however also absorb the debt. in loans which like you receive from the european central bank as emergency funding assistance a detail that angers them. what is this is like they want to push.
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and while this employee he worries about the health of his bank other cypriots worry about when their bags will reopen if at all we have no cash we just choose behind the. tim machines waiting to get some tabs for how no and while this you are a group of. complete banking meltdown for many cypriots this feeling towards europe is one of frustration it's better to go back to the power of the time we get to you know it was the disaster but i think it was them then that led to before we get our own pieces from. january two thousand and eight when we enter you are the only other side upside down so slowly so you aware of these kind of situation so if. we had such. a situation i have to wait but. today because
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it's going to take so long and for now cypriots are forced to wait for the banks reopen for cash to start flowing for jobs and life savings to be secure again. does so sylvia are nicosia cyprus the president of cyprus is defending the controversial rescue package admitting it is painful but saying it's in the best interest of cypriots meanwhile the troika hailed the plan saying it places the country on a sustainable path to recovery but the deposit levy has raised fears the same thing could be done in other struggling banks across the continent here's what the head of the euro group is saying if there is a risk in a bank our first question should be ok what's the bank going to do about that this prompted fears across the euro zone as cyprus deal as the cyprus deal has now created a new template for resulting future banking problems as professor of international finance charizard raman explained to my colleague bill dodd the bailout hasn't only
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scared small savers but may trigger big investors to start pulling their money out of other banks. it's good we tied him on to the greek social economic debacle that we are seeing. going to go into a deep recession and this is going to be another decade lost for this country clearly the europeans and the i.m.f. they have broken one of the most basic tenants of financial crisis management and that is safeguarding the small saver and what they have done is put the fear of god into small savers about their own local banks and that's the beginning of the end for any financial market and specially for foreign investors coming into those markets no one's going to be putting money into low. and indeed even those economies spain france which really fragile at the moment but big economies i mean if if the investors are sort of pull out money out of those countries that is significant in that there is a huge probability that it might actually start to happen because we have opened
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pandora's box right now and we can shut the lid on this now cyprus tax lovi is a major blow to russian depositors who are thought to our own twenty billion euros in corporate and private accounts in cyprus banks despite this president putin support of the rescue package ordering to restructure an existing two and a half billion russian your russian loan however was accompanied by some sharp criticism from russia's prime minister my colleague research a spoke with our news editor ivor crotty about the depth and ramification of cypresses problem. prime minister medvedev last week used the term expropriation which was a reference to what the the bolsheviks did in the past he today has followed up that statement with with a statement saying basically the stealing of what has already been stolen continues and that's a reference to cyprus is off shore status of the russian economy and well thirty nine other economies at least it was nine months ago that cyprus asked for a bailout they asked for seventeen billion euro which is about one hundred percent
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of g.d.p. the eurozone wanted to foist the cyprus problem on to russia russia said it was eurozone problem anyhow what happened eventually was that we came down to the wire as usual as is the case with pretty much every euro group decision. decision at all for the country's second largest bank will be closer thousand jobs will go either what do you know about the capital but from what i understand is flying out of cyprus trunk for two album and sides and reported despite the freeze this is quite a story the euro group froze the retail banking sector of an entire country despite this freeze on capital controls being applied to the your group capital flight from cyprus doubled the regular traffic about two hundred million euro a day doubles the euro group talking heads or are using the term casino economy that's right to try to legitimize what it is that they're doing in cyprus. the point to work making the e.c. be vetted cyprus for eurozone membership in two thousand and eight and gave it a go ahead into that thousand eleven they perform
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a stress test on the bank of cyprus and like a bank and said things were ok to turn around now and say that there's been a form of casino capitalism been going on there i think it's massive desperation later this hour max kaiser gives his unique take on the cyprus financial crisis saying chaos and uncertainty are beginning to dominate. cyprus francs are going to open today and they are yes they are no they're not are they they haircut on the deposits is ten percent now it's fifteen percent now it's forty percent now it's zero percent or maybe it's one hundred percent cyprus is leaving the no it's not the troika back to the plant no doesn't back the plant yes it does no it doesn't welcome to the new world order it's called yes no maybe and maybe you'd have gold silver and big client taking out of this mess or else or well there's going to be well yes no or maybe in a way stacey exactly max you know there's one thing that's never uncertain about
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all of these plans they have and that is that yes none of them will work that's a good bottom line analysis yes they all don't work. mounting fears of cyprus sliding into deep recession and unemployment with possible repercussions in other ailing euro economies on our website r t r t dot com we're asking now that the belo deal is done what's next so for the majority nearly forty percent say it will be a total collapse in the trust in the banks average in the financial crisis almost thirty percent pretty other countries are in line for a similar bailout deal about one fifth say the bailout will result in widespread protests and the minority little more than ten percent think cyprus will eventually have to exit the euro zone walk down to r.t. dot com and click your vote. well as one bloc is struggling financially and other is looking to go from strength to strength south africa preparing to host the
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summit of the world's emerging economic giants later on we'll bring you more background and analysis on the developing. a post-mortem examination reveals that the death of russian self exiled tycoon boris berezovsky was quote consistent with hanging his body was found in the bathroom of his u.k. home saturday the examination found nothing to indicate any violent struggle with police saying there is no evidence to suggest any third party involvement or more. the thames valley police have released the latest update in the investigation into the death of birth brzezinski and they've revealed that the home office pathologist he carried out the post-mortem examination has found that the cools of death is consistent with hanging now there were no signs it said of a violent struggle we know in
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a previous statement that the police had issued that they said there was no evidence at this point of the party involvement see they see bits of the investigation coming together there are going to be toxicology reports to carry out these are going to take a number of weeks is thought before we'll get the results of that and of course the forensic investigation being carried out police continuing birthparents of skis and that's expected to last a couple more days yet we've had the details of his life coming out in the media for relatives and friends all of the russians and that's really building up a picture of him and he was a larger than life character but had certainly seen somewhat with gees in recent times and certainly seem to have fallen on hard times he's had a number of high profile court cases here in the case the most recent of which coming up against a former friend. of proud of it and we know that that had
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a very serious impact on bush presidency from the reports from people who were around him at the time but psychologically and financially to let the investigations ongoing we're having all these bits of information that are coming out in the media for friends of former colleagues old mr various of skin that's really helping to build up this picture all of the man himself and what he was going through in the days leading up to his death others believe intriguing twists that are going on here we've heard the russian president's press attash a about the letter than the bears a ski is said to his sense in which he asked for forgiveness and tooltip his longing to return home to russia now in a separate incident we've heard that just the day before he died. to have had an informal talk with a russian journalist again in which he was detailing his state of mind in his
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glowing two or ten high of course this is cool thing that he two months of speculation because he's the controversial character that you have a lot of unanswered questions here this is going to be well the police are doing now trying to tie all they say and to get an accurate picture for all their investigation and they threw out on keys they were going to have that little identification taking place for the past decade moscow has been insisting london to extradite the former billionaire so we can be tried for money laundering and other offenses but whisper is off ski's death a massive thorn in u.k. russian relations has been removed according to author and analyst mark macaulay. i think you go down as a pundit capitalist to gawk who was more concerned with power than money his political judgment was very very poor because during the year he seemed to be writing very very hard. because of school do good and as a man who became a dollar millionaire undercover trophy he became
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a billionaire under yeltsin but for him tragically misjudged the situation after president putin came to power and ended up perhaps a relatively poor man people are very important and interests in fact seemed to come down to the relations between two countries regarding an individual west remember that because of a call for the physical overthrow of president believe putin when he was in power. that's pretty serious and he made many accusations. that the recess nation attempts against his life he play mostly blamed russia for that and so on that poisoned relations between moscow and london you could find it always in english press with his name came up. people expected a scandal and had what it what is he going to say now about moscow and what is what is going to blame putin again for something else. now with him gone that's gone as
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well hopefully we can move forward and if you like some of the poison has been taken out of the relations. more about the later russian oligarch on our website r t v dot com rise and fall of boris berezovsky his biography step by step guide to his life as a scientist billionaire politician end of his last days in self-imposed exile in the u.k. all they're a click away. and still to come israeli soldiers and social media. we investigate why i.d.f. troops getting in prison sentences for online antics is inappropriate conduct in the ranks right israel's online publicity campaign. wealthy british.
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market. happening to the global economy. global financial headlines kaiser reports. on the hosts of the twenty faulty winter the pictures. thank you. so.
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the world's big emerging economies gathering in south africa looking to reshape their brics organization leaders of brazil russia china india and the host nation at the summit with egypt's president mohamed morsi also set to attend hoping to join the bloc in the future as artie's likes airshows cura pour its expectations for strengthening the group are high. since its inception in two thousand and nine many have been wondering what brix is all about a symbol of growing global multiple lera tea or a counterweight to the e.u. and nato the leaders of the member states have been cautiously downplaying its role saying this alliance is purely economic and exists mostly on verbal agreements officially it's not even a legally bound international organization the greeks leaders are only now contemplating setting up headquarters in one of the capitals but just look at every brics country separately russia the world's largest exporter china the world's
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second largest economy and the source of a cheap labor force india cheap intellectual resources brazil with its enormously powerful agricultural sector and the republic of south africa the continent's leader in natural resources but the country's economic stats together the numbers are nothing short of impressive last year the brics countries average four percent g.d.p. growth whilst the g seven countries came up with only zero point seven percent and their collective gross national product already exceeds twenty seven percent of the global output and this economic might of the group of five could diversify into a joint brics development bank this idea appeared during last year's summit in new delhi and there are certain indications this year's meeting in durban could pave the way to its creation should this prove to be the case the world may see a new powerful financial institution we are now on the verge of a formal decision. it would be a substantial in terms of capital and the capital
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a substantial international and huge development bank. is probably one of the major deliverables having brics more and more prominent in the area of economy international finance development of infrastructure the common standpoint among the brics states and major international issues could also be a huge factor in global geopolitics the war in syria is just one of the examples. the group of five has been insisting on a peaceful solution to the conflict and with the moscow and beijing firmly standing within the u.n. security council against any military intervention no one the experts say bashar assad recently asked the group of five to help bring the conflict to an end many experts believe that despite brics being an informal group it's geopolitical weight is already very high as for political rule of bricks it's quote huge actually is the major international institution which preserved the whole human kind of it is
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solving economic problems for example the g twenty. i think at this point the decisions of g. twenty uprooted two hundred but the position of brics so brics has yet to become an officially established organization but the russian president already said cooperation within this law will be more school store for him priority this year and considering that at least five countries including mexico indonesia and egypt are willing to join the world may soon see a powerful alliance of developing economies which experts say even in its current configuration may become the world's wealthiest union of states in thirty years. u.s. officials are kuantan i'm a big knowledge more prisoners are doing the hunger strike over alleged mistreatment three captives are in the hospital ten detainees being force fed defense attorneys say the majority of one hundred sixty six detainee's are refusing
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food accusing officials of trying to downplay the number he's guy and she reports. despair among detainees grows now even their lawyers are denied direct access to them attorneys say they had a visit scheduled for early next week with one of the clients who lost thirty pounds since the strike began at the beginning of february that visit was approved by the military but the attorneys say they've just been informed by the authorities that they cannot visit the client because the military flight scheduled for next week was canceled also most recently the navy decided to discontinue commercial flights to the camp so tourney's are really struggling to find out the true extent of what's happening in guantanamo now as u.s. officials obviously try to downplay the hunger strike more criticism is coming in from the international community will heard criticism from the u.n. commissioner for human rights very strong words from amnesty international they call guantanamo an american gulag this is what the head of their security with human rights campaign said quote instead of justice for the nine eleven attacks one
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tunnel has brought us torture indefinite detention unfair trials and hunger strikes so i made a very broad international criticism what do u.s. officials do basically nothing a few months ago state department shut down the office that was working to close the prison which effectively means that the detainees are stuck there in this legal limbo indefinitely their attorneys fear that we're going to see more suicides human rights organizations say there were hundreds of suicide attempts at the prison at least seven suicides have been reported so far including a detainee named. he had spent eleven years in guantanamo he was cleared for release by both bush and obama administrations he took his own life in september last year. on our website r.t. dot com or bring you the latest updates our top stories and news from around the world including this. park olympic atom of death and trade deficit holes in china sixteen thousand infected rotting pig carcasses find out what else has mysteriously been fished out of chinese waters. also online the u.k.
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prime minister david cameron announcing a massive crackdown on immigration is britain's economy continues to falter this and more are. the i.d.f. is cracking down on inappropriate behavior from its troops israeli soldiers online dance videos and controversial content of quickly gone viral there's fears the videos may be undermining the government's attempts to use social media as a p.r. tool artie's policy or investigates offensive and damaging fun a picture of an israeli soldier with mud on his face titled a bomb a stone posted on facebook by none other than the head of the i.d.f. social media unit should have done the minish just as the government uses social media for explaining full complaining for propaganda spinning it also has to do with private soldiers using new media every soldier is a broadcast station. it looks innocent enough but this will go two weeks in
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a military prison. after posting these pictures on his facebook profile this infant was brought to book full of talent and misuse of army whip and we. these soldiers turned a patrol in hebron into a dance move. it angered the i.d.f. but others felt they did a far better job of showing the human side of the army than any spin doctor ever courage under the military code of justice offense nothing could sergeant and above which is that in fact any conduct which is unbecoming an i.d.f. soldier would would would before really potentially at least expose you to criminal liability could actually find yourself in jail but it's not always fun and games neither is it so clear cut the i.d.f. told r.t. that a sniper who posted this image was dealt with appropriately it's the problem of of free speech i don't see how you can control it i don't think that the dancing is
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abusing power i do think that putting your sniper a more in innocent person is an abuse of power and i think this is that it's think that the army should do gil you gave was an officer with the paratroopers unit he says he'd brief his soldiers regularly about what they could and could not post online but many were careless or childishly unaware of the impact one clip could have you have to remember that soldiers are. kids. eventually they're just they're just kids that misuse the misuse of power just for them just for fun is not shooting the kid not trying to kill the kid the irony is that the i.d.f. itself put so much emphasis on social networks using them extensively to promote its actions. the i.d.f. has taken its war to twitter facebook instagram and even tumblr turning its social
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media tool box into the most globally visible arm of the israeli defense force it started during the israeli gaza war at the end of two thousand and eight but the idea of social media department for. next it's online muscles during the flotilla incident a year and a half later distributing regular video taken from an israeli assault craft and tweeting in sixteen languages after the most recent israel gaza war last november the erstwhile embarrassed i.d.f. social media guru boasted his unit had beaten the enemy some claimed foreign media asked more questions about the idea of twitter activity than about the army's bombings in gaza. but when ordinary soldiers start using the same platforms all that positive public diplomacy questions to be undermined one click at a time. tel aviv next as promised kaiser report stay with us here on r.t. .
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zero since the new pope was chosen the calls for reform are analysts everyone wants the new pope to allow this and to allow that but the problem is that the catholic church is a religion not a product and people don't like the way a pepsi bottle looks while the company will have to in theory change it to meet public demand but the pope claims to represent the will of the creator of the universe the pope supposedly holds and protects an ancient an eternal truth so how can you expect this eternal truth just up and change because of public demand even though they pretend like the adult religions do change over time but how can you expect the pope after hundreds of years of saying that people would be condemned to the fires of hell and eternity in the charred walls of the damned for certain sins
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just now say well i guess those sins are ok if you are catholic and you want your religion to change constantly then why do you believe in it why bother having principles and rules in the first place supposedly given to you by the almighty if you're just going to change them whenever you feel like it i don't get this but that's just my opinion. max kaiser welcome to the kaiser report cyprus banks are going to open today and
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they aren't yes they are no they're not are they they haircut on the deposits is ten percent now it's fifteen percent now it's forty percent now it's zero percent or maybe it's one hundred percent cyprus is leaving the euro no it's not the troika backs the plan no doesn't back to play yes it does no it doesn't welcome to the new world order it's called yes no maybe and maybe you'd have a gold silver and big coin taking you out of this mess or else or wealth is going to be well yes no or maybe in a way stacey exactly max you know there's one thing that's never uncertain about all of these plans they have and that is that you yes none of them will work that's a good bottom line analysis yes they all don't work. so you know while panic was determine who is panic the head of the central bank of cyprus panic because nothing's going to work and that's why they're called panic goes on.

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